 | Country: Greece, Region: Europe , Capital city: Athens Currency: Euro, Currency Code: EUR, Population: 10623835 |
Newly built 1 Bedroom Apartment, Halcyon Hills, Samos Island, Greece
Location: Samos Town, minutes away from Vathi, Samos Island, Greece
Property type: Apartment
Price: 120,000.00 GBP
View price in... EUR USD (conversion disclaimer)
THE OFFER
The offer is unique and enables you the opportunity to invest in a property in the resort at 42% below market value and way below competitor’s property prices.
Purchase Options Available
Option 1
Reservation Fee of £1000 (fully refundable for 30 days)
Property price = £176,000
15% deposit to pay now = £26,400 OR
15% deposit to pay 12mths later = £26,400
On completion
70% balance outstanding = £123,200
30% deposit minus the cash-back payments £46,200 – this is optional to include in the mortgage
4% extras on completion (Sols fees, land registration, etc) = £7,040
Furniture cost = €10,200/£9,107
Total mortgage required = £185,547 (this example shows the 30% borrowed in mortgage to cover 100% value but only the 70% need be taken)
Repayment over 25 years = - £11,868 per year (£989 per month)
Interest only = £7,416 per year (£618 per month)
8% rental guarantee £14,080 minus annual maintenance fees (€1,275/£1,111) = £12,969
70% of the property price is payable when the property is completed. At this time, a guaranteed mortgage of around 8% pays the remaining amount and the two year rental guarantee covers your repayments.
.FEATURES
• Only 209 properties on the resort all with sea views
• 5 star luxury spa resort
• 36 berth marina
• Tennis courts
• Gymnasium
• A number of bars and restaurants - including a signature fine dining restaurant.
• 42% BMV pricing
• 100% assisted finance
• Guaranteed mortgage
• 5% per annum cash-back on your 30% deposit payment OR 15% now and 15% in 1 year
• 2 weeks free usage per year ( if you use the rental Option)
• Guaranteed rental yields of 8% for 2 years after completion
• 50/50 split with hotel operator thereafter
• Government funding
Facilities include: 5 star, air conditioning, balcony, beach view, garden, gym, mountain view, near tourists, rent guarantee scheme, restaurants, sea view, sipp, swimming pool (communal), tennis, water sports